About us

BALAMARA Resources Ltd is an Australian mining company. Our primary objective is to deliver long-term shareholder value by rapidly becoming a mid-tier resource company. The Company strives to achieve this through the discovery, acquisition and development of new economic mineral deposits. Balamara seeks to divest its current non-core assets, and focus on its world-class Tier One coking coal Projects in Poland, such as the Sawin Project (Lublin Coal Basin) and Nowa Ruda (Lower-Silesian Coal Basin).

Why Poland?

Poland is a central European country, bordered by Germany to the west, the Czech Republic and Slovakia to the south, Ukraine and Belarus to the east, and the Baltic Sea, Russia and Lithuania to the north. It is the largest hard coal producer in the European Union and is ranked the tenth in the world, producing ~72 Mtpa of hard coal annually. The Government of Poland estimates the countries’ coal resources of 48 billion tonnes (Bt), out of which coking coal resource is estimated to be 13 Bt. These coals are present within 146 identified coal deposits located in three coal basins: the Upper Silesian Basin, the Lower Silesian Basin and the Lublin Coal Basin.

Balamara has chosen Poland for its Projects implementation because of the following reasons:

  • Low sovereign risk (EU member state & member of NATO)
  • Politically stable democracy
  • Well-defined mining laws
  • Low operating costs
  • Availability of skilled underground mining workforce
  • Excellent core infrastructure throughout Poland
  • Close to large European market
  • Strong expanding economy

MINING PROJECTS

POLISH PROJECTS TOTAL AREA (KM2)

TOTAL EXPLORATION DRILLHOLES LENGTH (m)

POLISH PROJECTS TOTAL TONNAGE (Mt)

SAWIN PROJECT UPDATE

Balamara is pleased to announce that it is completing the official Geological Documentation associated with the Sawin 1 deposit. Click below for full text announcement.
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BALAMARA LODGES APPLICATION FOR MINING LICENCE AT NOWA RUDA

Balamara Resources Ltd through its wholly owned subsidiary Coal Holding Sp z o o has now lodged it’s applicaton for the licence to mine coking coal at Nowa Ruda.

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NOWA RUDA ENVIRONMENTAL DECISION

Balamara receives Environmental Approval for Nowa Ruda. Read the full announcement:

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News &
announcements

Stay in touch with all of the Balamara’s ongoing events and recent announcements. For previous news please use the button below:



OUR PROJECTS

Discover what we are doing
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of the Project’s description

Our Projects can substantially assist the Polish economy, with a significant amount of labour required as our Projects near production. We are grateful to be in a market with a number of local residents having significant experience and expertise in the coal mining Industry. The human factor is essential for the Projects.

Derek Lenartowicz

Executive Chairman

Nowa Ruda has a valuable import replacement role supplying coking coal in Europe. For thirty years our Sawin mine will underwrite reliable dispatchable power during the transition to decarbonisation.

Production costs in the lowest quartile combined with reduced investment elsewhere in the sector indicate strong future results for both mines.

 We have the financial strength, the knowledge and the focus to deliver outcomes to benefit our shareholders, our workforce and Poland.

Michael Hale

Non-executive Director

Corporate Responsibilities

Learn about our corporate social responsibility as well as internal health, safety and environmental policies.

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ANY QUESTIONS?

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